Digital Brand Media and Marketing Group Inc (DBMM)

[Nangkwak]

AN UPDATE TO DBMM SHAREHOLDERS

On May 4, 2017, Digital Brand Media & Marketing Group, Inc. (DBMM) issued a statement to clarify an unauthorized Press Release (PR) issued by the Plaintiff in an ongoing litigation.

As stated, DBMM fully intended to file a Motion today to introduce new facts. However, as Marshal Shichtman, DBMM’s Counsel commented, “Litigation is often a fluid process.”

As such, the parties and their respective counsels have agreed to meet on Thursday, May 11, 2017 to discuss the matter at hand. Both parties are approaching the meeting in a spirit of reaching a mutually satisfactory solution, discontinue the distractions and each get on with our respective businesses.

DBMM appreciates the support received from their shareholders and the Company is diligently executing its Business Plan and developing the growth trajectory described over the last 2 years. We anticipate providing the requisite filings in due course as stated.